“It is more than a full-time job to be focusing on the data and the analytics,” said Susan Collins, president of the Federal Reserve Bank of Boston, in an interview on the sidelines of the conference...

"I'll fire her if she doesn't resign because what she did was bad," Trump told reporters in response to a question during an appearance in Washington outside the White House.

Firing the Fed chair or forcing out a governor would threaten the Fed’s venerated independence, which has long been supported by most economists and Wall Street investors.

The initiative aims to implement standardized design principles across agencies, reducing duplicative costs while improving both usability and aesthetics.

“The story is out there, and that’s that. I haven’t changed my views,” she told Bloomberg.

Lowering rates while prices are rising and inflation is still above target could send a dangerous message to consumers from a Fed whose credibility in controlling inflation is one of its major assets...

When Federal Reserve Chair Jerome Powell takes the stage Friday at the annual Jackson Hole, Wyoming, economic forum, he will face pressures ranging from President Trump's repeated calls for his resignation to a recent mix of worrying economic data.

The dollar fell on Friday after Federal Reserve Chair Jerome Powell pointed to a possible rate cut at the central bank's September meeting but stopped short of committing to cutting interest rates.

"We continue to believe that monetary policy must be forward-looking and consider the lags in its effects on the economy" and that the Fed must balance risks to both its job and inflation mandates wh...